Mount Vernon, ME Housing

Mount Vernon, ME has seen a significant increase in housing median value over the past year. The current median value is $280,900, which is significantly lower than the US House median value of $338,100. However, this gap is being closed as Mount Vernon's 1 year house appreciation rate exceeds that of the US with 16.46%, compared to 8.27%. This suggests that housing in Mount Vernon remains a desirable and practical investment for those looking to purchase property in the area.

The median home cost in Mount Vernon is $280,900. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Mount Vernon is up 20.6%.

Average Age of Homes

- The median age of Mount Vernon real estate is 37 years old

The Rental Market in Mount Vernon

- Renters make up 9.4% of the Mount Vernon population
- 0.0% of houses and apartments in Mount Vernon, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mount Vernon, Maine	United States
	1,118.0	139,647,020.0
	41	42
	$280,900	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$13.72	$10.98
	$2,344	$2,690
	52.6%	57.4%
	40.5%	11.2%
	6.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.8%	0.4%
	34.3%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	2.9%	2.4%
	2.6%	2.8%
	2.2%	3.9%
	4.6%	4.5%
	28.6%	11.3%
	20.1%	13.0%
	24.0%	20.1%
	6.6%	13.6%
	1.9%	8.3%
	5.3%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	1.2%	0.2%
	12.5%	13.6%
	12.5%	13.6%
	13.9%	13.6%
	15.5%	13.2%
	14.8%	14.8%
	13.9%	13.6%
	4.0%	10.0%
	0.3%	4.7%
	21.1%	12.2%

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